Senior Housing News June 13, 2024
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Global retailer of furniture and home goods Ikea faced a turnover problem in 2022 and 2023 that many senior living operators can sympathize with – and operators also can learn lessons from how the global furniture and home goods giant responded.
It’s an apt moment to focus on improving retention, as employers across the country continue to add jobs at a fast pace – resulting in a “blowout” jobs report last week. That report from the U.S. Bureau of Labor Statistics showed continuing care retirement communities (CCRCs) and assisted living communities added about 7,700 jobs between April and May.
To hold onto those new workers, senior living operators could consider the...
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